Friday, May 21, 2010

DOE Picks Areva for Nuclear Facility

Areva secures $2B loan guarantee for Idaho nuclear project
The Energy Department cleared a $2 billion loan guarantee to help fund Areva's planned uranium-enrichment plant in Idaho. The France-based company's technology is reliable, Energy Secretary Steven Chu said, and the facility will supply enriched uranium to existing and new reactors in the U.S. The Wall Street Journal

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